69 N SlopeClintonNJ08809
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Clinton at 69 N Slope, Clinton, NJ, 08809 with 5% annual appreciation on a $285,000 basis while $2,473/mo rent supports operations. Total monthly income totals $2,473/mo and a $1,395/mo payment preserves $442/mo for cash returns. Annual cash flow comes to $5,298/yr on $94,478 deployed, and return on cash invested reaches 25.52% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 10.41%. Five-year ROI measures 134.17% and total cumulative return in cash totals $126,762.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,473/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08809, Clinton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,598 (100%) |
| Owner Occupied HU | 1,741 (67.0%) |
| Renter Occupied HU | 730 (28.1%) |
| Vacant Housing Units | 127 ( 4.9%) |
| Median Home Value | $447,167 |
| Average Home Value | $460,139 |
Housing Distribution
Address Breakdown
Residential
2,400
Single Family
2,400
Multi-Family
0
Businesses
490
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Listed by: Robert L. Beatty • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3986818